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    964 Dodson Ave Chattanooga, TN 37406

    Sponsored
    For Sale
    $550,000

    Prime corner lot, 2,382 sq ft, vacant.

    Property size:
    2,382 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a 2,382-square-foot vacant building situated on a 1.4-acre corner lot in the heart of downtown Chattanooga, Tennessee. Located at 964 Dodson Ave, this property boasts high visibility on a heavily trafficked road (2023 traffic count: 6,642 vehicles). The building, constructed in 1960, has been completely gutted to the studs, offering a blank canvas for a diverse range of uses. Its R-2 zoning permits various possibilities, including convenience stores, restaurants, storefronts, offices, or even medical facilities. The property features convenient ingress and egress points on both Dodson Avenue and Windsor Street. The asking price is $550,000, translating to $230.90 per square foot. This is a unique chance to acquire a substantial property in a thriving downtown area, ready for immediate redevelopment to suit your vision. The Hamilton County location, with its address of 964 Dodson Ave, Chattanooga, TN 37406, offers unparalleled access to the city's amenities and vibrant community. The property is offered as a sale by owner. APN: 146D D 002.

    Property Features for 964 Dodson Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,382 SF
    Lot Size
    60,984 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2,382 SF building on a 1.4‑acre corner lot at Dodson and Windsor.
    • Building is a shell ready for redevelopment.
    • Previous restaurant use; suitable for various uses including retail, office, medical, or educational.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.262623827337
    Latitude
    35.047694573245

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    FAQs

    What type of property is this?
    Individual retail property - Prime corner lot, 2,382 sq ft, vacant.
    Where is this individual retail property located?
    The property is located at 964 Dodson Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 2,382 SF building on a 1.4-acre corner lot at Dodson and Windsor.; Building is a shell ready for redevelopment.; Previous restaurant use; suitable for various uses including retail, office, medical, or educational.
    Request Owner's contact information
    964 Dodson Ave Chattanooga, TN 37406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    964 Dodson Ave Chattanooga, TN 37406
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